The trading arms of Royal Dutch Shell Plc and BP Plc enjoyed their best year ever in 2015, helping push the combined gross margins of oil merchants to a six-year high, according to a closely watched report.
Singapore, which is vying to become a regional center for the trading of liquefied natural gas in Asia, picked Royal Dutch Shell Plc and Pavilion Gas Pte Ltd. as its next suppliers of the fuel.
Oil and gas giant Shell plans to sell $30billion worth of assets from 2016 to 2018 to offset the cost of its $50billion takeover of BG Group, which was completed in February.
SNC-Lavalin has been appointed to an Energy Technologies Institute (ETI) project to develop a generic business case to take carbon capture and storage (CCS) forward in the UK.
Royal Dutch Shell Plc is considering a sale of its stake in a Malaysian liquefied natural gas export plant, which could fetch more than $1 billion, people familiar with the matter said.
Royal Dutch Shell Plc has invited binding bids from parties including Ineos AG and Blackstone Group LP-backed Siccar Point Energy for the sale of some of its U.K. North Sea assets worth about $2 billion, according to people familiar with the matter.
Russian oil giant Rosneft is expected to follow Shell and BP into the Indian fuel retail market with the acquisition of a stake in Essar Oil, a news report said.
Japanese refiner Idemitsu Kosan Co. will delay a planned April 2017 merger with domestic rival Showa Shell Sekiyu K.K. amid opposition from its founding family.
Transocean has issued $600million in secured notes due 2024 to finance the construction of a drillship which started work on a contract for Shell earlier this year.
Bulgaria 's anti-monopoly commission said six oil companies operating on the retail fuel market have allegedly been involved in cartel agreements on prices.
Ports in the north-east of Scotland must band together with their UK neighbours to fend off the challenge from Norway and the Netherlands for decommissioning work.
In a video shot for Shell’s enhanced high specification fuel, V Power, Kimi Räikkönen takes on the role of a fireman. Unfortunately, Malaysian fireman Mohd Uzair Abdullah does not speak English, but Räikkönen has an excellent grasp of the language. See how he gets on in his new “day job” below: